What Do You Need to Know About Lazard LTD (LAZ) Before Investing?

Lazard LTD.logged a 0.7% change during today's morning session, and is now trading at a price of $34.3 per share. The S&P 500 index moved 0.2% and the Dow Industrial Average posted a 0.0% change. LAZ's trading volume is 18,088 compared to the stock's average volume of 766,142.

Lazard LTD. trades -8.7% away from its average analyst target price of $37.57 per share. The 7 analysts following the stock have set target prices ranging from $29 to $56, and on average have given Lazard LTD. Lazard LTD. a rating of hold.

Anyone interested in buying LAZ should be aware of the facts below:

  • Lazard's Graham number (a purchase price with a built-in margin of safety) is $26.4, which is 29.9% away from its current price

  • Lazard has moved -22.8% over the last year, and the S&P 500 logged a change of -16.2%

  • Based on its trailing earning per share of 4.88, Lazard LTD has a trailing 12 month Price to Earnings (P/E) ratio of 7.0 while the S&P 500 average is 15.97

  • LAZ has a forward P/E ratio of 10.3 based on its forward 12 month price to earnings (Eps) is $3.33 per share

  • The company has a price to earnings growth (PEG) ratio of 1.26 -- a number near or below 1 signifying that Lazard LTD is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 5.4 compared to its sector average of 1.95

  • Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America.

  • Based in Hamilton, the company has 3,390 full time employees and a market cap of $2,946,898,176. Lazard currently returns an annual dividend yield of 5.6%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.